CAclubindia Articles

Fraud Risk Mitigation Process in Organizations.

Posted by Dr. Rashid Mehmood, CPA, Ph.D 03 March 2013 11551 Views

The fraud is a growing issue in all types of industries, business, cultures and management, a study report published by Metricstream Inc unveiled that a typical organization loses its 5% of revenue each year because of the fraud and fraudulent act

Budget 2013 Direct Taxes Highlights

Posted by CA. VIKAS RAI 03 March 2013 23366 Views

PROVISIONS RELATING TO DIRECT TAXES- 1. No Change in slab rates & Super Rich Tax postponed - There no change in slabs, but the Individual & HUF whose income is upto 5 Lacs get a Tax credit of Rs.2,000/-. Effectively slab is increased for t

Union Budget 2013 - Changes

Posted by Manoj Pala 02 March 2013 17284 Views

The Honble Finance Minister Mr.P.Chidambaram has presented Union Budget 2013 in both the houses of Parliament on 28th February, 2013 at 11 Hrs sharp. There is no change in the rate of duties and accordingly the rates of Excise T

Service tax analysis of Budget 2013

Posted by Member (Account Deleted) 02 March 2013 32454 Views

SERVICE TAX ANALYSIS 1. HEADING-Scope of Negative List Widened SECTION- 65B (11) OF FINANCE ACT, 1994 MEMORANDUM EXPLAINING THE FINANCE BILL Definition of 'approved vocational education course' provided in section 65B (11) is bein

India's growth story?

Posted by Durga Rao 02 March 2013 8420 Views

In the recent past, there is much talk among the business people, media and also society about Indias growth story, consequences of slow-growth rate, ways to improve the growth and taking the growth rates again to more than 8%. Growth can c

Direct Tax Budget - Highlights

Posted by Member (Account Deleted) 02 March 2013 15997 Views

Direct Tax Highlights 1. Tax Rate Comparison A) Individual, Hindu undivided family, association of persons, body of individuals, artificial juridical person No change in the rates of income tax applicable to individual, Hin

Budget 2013 - Highlights - Service Tax

Posted by Madhukar N Hiregange 02 March 2013 19241 Views

Finance Bill, 2013 has been submitted to Parliament by the Union Finance Minister, Mr.

Sec 80EE - Should you rush to buy a house?

Posted by CA Suraj Lakhotia 02 March 2013 21206 Views

Increasing savings and their optimal allocation for productive uses lead to higher economic growth. The household sector must be incentivised to save in financial instruments rather than buy gold. Excerpt from Budget Speech

Service Tax Amnesty Scheme?

Posted by Madhukar N Hiregange 01 March 2013 46338 Views

VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013 (VCES) Background of the Scheme Service tax is a new emerging law and there has been lack of clarity on the applicability o

Budget 2013- Garment Industry

Posted by Madhukar N Hiregange 01 March 2013 8032 Views

Budget 2013 Impact on Garments Industry The Garment industry has suffered a lot in the in the last one year due various factors, such as increase in the cost of power, labor, transpor